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Sterlite Technologies share price jumps 5% on launch of ₹45,450 crore QIP; sets floor price at ₹613.69

As reported by mint - markets
Sterlite Technologies shares rose 5% to ₹613.35 as the company initiated a QIP to bolster its capital base. The floor price was set at ₹613.69, and the issue opens after regulatory approvals on June 24, 2026.
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Sterlite Technologies shares surged 5% to ₹613.35 after the company announced the launch of a Qualified Institutional Placement (QIP) worth ₹45,450 crore. The QIP aims to strengthen its capital base, with a floor price of ₹613.69. The issue is set to open on June 24, 2026,…

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